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Showing posts with the label ADVFN III World Daily Markets Bulletin

ADVFN III World Daily Markets Bulletin October 7, 2013.

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ADVFN I I I World Daily Markets Bulletin Daily world financial news Monday, 07 October 2013 US Market The major U.S. index futures are pointing to a lower opening on Monday, with sentiment reflecting fears of traders over the impact the ongoing budgetary impasse can have on the upcoming debt ceiling issue and the broader economic growth. Most other catalysts are likely to pale in significance before the political crisis. The government shutdown is expected to delay the release of some key economic reports, which otherwise would have rendered clarity to the economic outlook. The earnings season would unofficially kickstart tomorrow with the release of Alcoa’s  quarterly scorecard and it remains to be seen if it could serve to alleviate anxieties. U.S. stocks went about in a volatile manner in the week ended October 4th, as traders digested the U.S. government shutdown while also remaining concerned about the debt-ceiling deadline. A few key eco

ADVFN III World Daily Markets Bulletin September 06, 2013.

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ADVFN I I I World Daily Markets Bulletin Daily world financial news Friday, 06 September 2013 US Market The major U.S. index futures are pointing to a higher opening on Friday, with sentiment turning markedly positive following the release of the non-farm payrolls report, which showed that the economy added jobs at a slightly slower pace than estimated. The jobless rate remained unchanged, in line with estimates. However, there was a steep downward revision to July payrolls. The soft data may temper expectations concerning an early withdrawal of stimulus, although some analysts also believe that the job numbers aren’t weak enough to ward off stimulus trimming. U.S. stocks advanced for the third straight session on Thursday on the back of some solid economic data and all things remaining quiet on the Syrian front. After opening little changed, the major averages rose sharply in early trading but pared some of their gains immediately after

ADVFN III World Daily Markets Bulletin August 15, 2013.

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ADVFN I I I World Daily Markets Bulletin Daily world financial news Thursday, 15 August 2013 US Market Strong Labor Statistics Re-ignite Stimulus Withdrawal Worries The major U.S. index futures are pointing to a lower opening on Thursday, with the negative mood gaining momentum following the release of a batch of positive economic data. Specifically indicators concerning the labor market were strongly positive, with the jobless claims falling to their lowest level in nearly 6 years. Meanwhile, a regional manufacturing survey showed that employment conditions in the New York region improved notably despite lukewarm sentiment concerning the overall manufacturing sector. These strong data could re-ignite worries concerning trimming of Fed stimulus. The market may also draw clues from the readings on industrial production, homebuilder sentiment and manufacturing activity in the Philadelphia region, all due for the day. U.S. stocks declined on We

ADVFN III World Daily Markets Bulletin August 12, 2013.

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ADVFN I I I World Daily Markets Bulletin Daily world financial news Monday, 12 August 2013 US Market The major U.S. index futures are pointing to a lower opening on Monday, with sentiment reflecting doubts among traders concerning the economy's tenacity to withstand a premature withdrawal of the stimulus. The absence of any major catalyst makes the scenario all the more hazy. European stocks are also trading in the red, while most Asian markets advanced despite soft Japanese GDP data, which exerted downward pressure on the domestic market. The markets are likely to trade around recent levels with a downside bias in the absence of any major catalysts. U.S. stocks retreated in the week ended August 9th, as fears concerning the scaling back of the Fed's bond purchases kept sentiment subdued for much of the week. Last Monday, the major averages closed on a mixed note, with the  Dow  Industrials and the  S&P 500  Index pulling back, whil